Commonwealth of Pennsylvania Public School Empls Retrmt SYS Takes $1.23 Million Position in StandardAero, Inc. $SARO

Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in StandardAero, Inc. (NYSE:SARO) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 47,519 shares of the company’s stock, valued at approximately $1,227,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Cerity Partners LLC raised its position in shares of StandardAero by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after acquiring an additional 416 shares in the last quarter. Comerica Bank purchased a new position in StandardAero in the first quarter valued at about $26,000. US Bancorp DE raised its holdings in StandardAero by 46.4% in the third quarter. US Bancorp DE now owns 4,506 shares of the company’s stock worth $123,000 after purchasing an additional 1,428 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in StandardAero by 3.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 43,562 shares of the company’s stock worth $1,249,000 after purchasing an additional 1,494 shares in the last quarter. Finally, Aventura Private Wealth LLC purchased a new stake in shares of StandardAero during the fourth quarter valued at about $45,000.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SARO. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. BTIG Research assumed coverage on shares of StandardAero in a research note on Thursday, April 2nd. They set a “buy” rating and a $35.00 price objective for the company. UBS Group raised shares of StandardAero from a “neutral” rating to a “buy” rating and decreased their target price for the company from $35.00 to $34.00 in a research report on Monday, May 11th. Morgan Stanley set a $31.00 price target on shares of StandardAero in a report on Wednesday. Finally, Royal Bank Of Canada reduced their price target on StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Insider Activity at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the sale, the chief executive officer directly owned 486,955 shares of the company’s stock, valued at $14,822,910.20. The trade was a 7.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.10% of the company’s stock.

StandardAero Stock Performance

SARO opened at $26.69 on Friday. StandardAero, Inc. has a 52-week low of $23.83 and a 52-week high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.12 and a debt-to-equity ratio of 0.81. The company has a market cap of $8.87 billion, a P/E ratio of 30.33 and a beta of 0.91. The firm’s 50-day moving average price is $27.21 and its 200-day moving average price is $28.19.

StandardAero (NYSE:SARO) last released its earnings results on Thursday, May 7th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. StandardAero’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the business earned $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, equities analysts anticipate that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

About StandardAero

StandardAero is a global aerospace maintenance, repair and overhaul (MRO) provider specializing in gas turbine engines, auxiliary power units (APUs), airframe components and oil & gas rotating equipment. The company offers a full suite of technical services including engine repair and overhaul, component repair, accessory maintenance, parts manufacturing and on-site field support. Its customer base spans commercial airlines, business and general aviation operators, regional carriers, original equipment manufacturers (OEMs) and defense organizations.

With roots dating back to 1911, StandardAero has grown through strategic acquisitions and organic expansion to become one of the largest independent MRO providers in the industry.